Worth Asset Management LLC Buys 62,872 Shares of Invesco Variable Rate Investment Grade ETF $VRIG

Worth Asset Management LLC grew its stake in shares of Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) by 68.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 154,229 shares of the company’s stock after purchasing an additional 62,872 shares during the period. Invesco Variable Rate Investment Grade ETF makes up 1.2% of Worth Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Worth Asset Management LLC’s holdings in Invesco Variable Rate Investment Grade ETF were worth $3,867,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VRIG. Jane Street Group LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the 1st quarter valued at about $1,235,000. JPMorgan Chase & Co. raised its stake in Invesco Variable Rate Investment Grade ETF by 64.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 37,912 shares of the company’s stock worth $950,000 after buying an additional 14,805 shares during the period. First Trust Advisors LP boosted its holdings in Invesco Variable Rate Investment Grade ETF by 4.8% in the second quarter. First Trust Advisors LP now owns 117,855 shares of the company’s stock worth $2,952,000 after acquiring an additional 5,351 shares in the last quarter. NewEdge Advisors LLC grew its stake in Invesco Variable Rate Investment Grade ETF by 6.4% in the second quarter. NewEdge Advisors LLC now owns 27,320 shares of the company’s stock valued at $684,000 after acquiring an additional 1,641 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Invesco Variable Rate Investment Grade ETF by 26.3% during the second quarter. Raymond James Financial Inc. now owns 385,708 shares of the company’s stock valued at $9,662,000 after acquiring an additional 80,277 shares in the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Performance

NASDAQ VRIG opened at $25.09 on Friday. Invesco Variable Rate Investment Grade ETF has a 52 week low of $25.00 and a 52 week high of $25.18. The business has a 50 day moving average price of $25.08 and a 200-day moving average price of $25.09.

Invesco Variable Rate Investment Grade ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a dividend of $0.0922 per share. The ex-dividend date was Monday, July 20th.

Invesco Variable Rate Investment Grade ETF Company Profile

The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities. VRIG was launched on Sep 22, 2016 and is managed by Invesco.